Any great brokerages or trading courses?

Discussion in 'Forex Education' started by Jay14, May 5, 2015.

  1. Jay14

    Jay14 Newbie

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    Hi! Help, Help, Help, Help! Looking for a great brokerage and/or trading platforms. Anyone have any good recommendation?
     
  2. Enivid

    Enivid Administrator Staff Member

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    How great the brokerage has to be? What are you looking in a broker?
     
  3. chief

    chief Confirmed Tickmill Representative

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    you can simply visit http://www.earnforex.com/forex-brokers/
    there's lot of broker listed, just narrow your choice based on your requirement.
    when you stated as general issue such 'great', no one would able to answer such question, it's matter of individual point of view.
     
  4. Ary Barroso

    Ary Barroso Active Trader

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    I think, you should select your trading broker according to your requirement! Such as, if you are a new trader then you should use education friendly Forex broker! If you have low trading capital then you should go with the broker who provides good welcome bonus and others additional support.
     
  5. Gerrard1

    Gerrard1 Trader

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    Try to find popular ratings of brokers, which has all the details about the accounts and conditions. You can evaluate the information and choose the right one for yourself. I've tried 3 different brokers and every time, at some point, I'm starting to unsettle something.
     
  6. Ary Barroso

    Ary Barroso Active Trader

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    Good point, in this case popular broker review sites are much useful; I basically recommended FPA, BabyPips & this forum as well.
     
  7. JamesForex123

    JamesForex123 Trader

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    I find JAFX is the best broker.
    As for education, IML is ok.
     
  8. Enivid

    Enivid Administrator Staff Member

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    JAFX is an unregulated broker that solicits US residents. This might get it into a big trouble, creating lots of problems for its non-US customers as a collateral damage.

    IML is a shitty ponzi scheme. There many threads on Reddit exposing its uselessness:

    https://www.reddit.com/r/Forex/comments/7tnr64/imarketslive/
    https://www.reddit.com/r/Forex/comments/8b299c/paying_for_services_like_imarketslive_stupid_or/
    https://www.reddit.com/r/Forex/comments/7zgrkr/lost_a_good_friend_because_of_a_mlm_forex_scam/
    https://www.reddit.com/r/Forex/comments/8qqmqq/imarketslive/
    https://www.reddit.com/r/Forex/comments/7eozk4/anyone_have_any_past_experiences_with_iml_what/
    https://www.reddit.com/r/Forex/comments/48uamd/is_imarketslive_a_scam/
    https://www.reddit.com/r/Forex/comments/85xdi0/imarketslive/
     
    Ary Barroso likes this.
  9. Ary Barroso

    Ary Barroso Active Trader

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    Thanks a lot for your info; I’m sure new traders will be benefited by this post! In addition, non-regulated Forex brokers are always dangerous to use.
     
  10. JamesForex123

    JamesForex123 Trader

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    Thankyou. I will look at another broker then.
    IML is not a Ponzi scheme though, I think you need to look up what a Ponzi scheme actually is.
    IML is MLM which is totally different. And they have good educators etc.
    Although I find babypips academy is better than IML academy.
     
  11. Enivid

    Enivid Administrator Staff Member

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    When the product is practically worthless, the line between MLM and a ponzi scheme blurs.
     
  12. Ary Barroso

    Ary Barroso Active Trader

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    Yes, BabyPips is very much useful for the new traders! On the other hand, I must say ForexFactory is another source of learning the fundamental analysis.
     
  13. JamesForex123

    JamesForex123 Trader

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    I will check out ForexFactory, thanks.
     
  14. Ary Barroso

    Ary Barroso Active Trader

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    You are always welcome mate! Actually, almost all of popular forums are useful including this one.
     
  15. JamesForex123

    JamesForex123 Trader

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  16. Ary Barroso

    Ary Barroso Active Trader

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    Received; additionally if you have any question please feel free to ask me!
     
  17. JamesForex123

    JamesForex123 Trader

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    Are you a full time trader?
    How long have you been trading?
     
  18. Ary Barroso

    Ary Barroso Active Trader

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    Yes I am; I have joined in this financial market from 2011.
     
  19. JamesForex123

    JamesForex123 Trader

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    Great to hear. Well done, you must have a good brain, a good strategy and great mindset.
     
  20. Ary Barroso

    Ary Barroso Active Trader

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    Honestly, till now I am not happy on my overall output; but good thing is; I am improving gradually.
     

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